On June 30, 2014, Setzer Corporation had a market price of $100 per share of common stock. For the previous year, Setzer paid an annual dividend of $4.00. Compute the dividend yield for Setzer Corporation.
Answer to relevant QuestionsOn October 23, 2014, Wilkerson Company had a market price of $40 per share of common stock. For the previous year, Wilkerson paid an annual dividend of $1.20. Compute the dividend yield for Wilkerson Company.On April 1, 2014, Rizzo Company purchased $80,000 of 4.5%, 20-year Energizer Company bonds at their face amount plus one month's accrued interest. The bonds pay interest on March 1 and September 1. On November 1, 2014, Rizzo ...On January 6, 2014, Bulldog Co. purchased 34% of the outstanding stock of Gator Co. for $212,000. Gator Co. paid total dividends of $24,000 to all shareholders on June 30.Gator had a net loss of $56,000 for 2014.a. ...The investments of Steelers Inc. include a single investment: 33,100 shares of Bengals Inc. common stock purchased on September 12, 2014, for $13 per share including brokerage commission.These shares were classified as ...Baldwin Inc. is an athletic footware company that began operations on January 1, 2014.The following transactions relate to debt investments acquired by Baldwin Inc., which has a fiscal year ending on December 31:2014Mar. 1. ...
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